WPM240705C50000
- 6.37
- +2.67+72.16%
Wheaton Precious Metals Newsroom
The central bank continues to suspend shareholding of gold!
On July 7th, the official reserve assets updated by the State Administration of Foreign Exchange showed that in June 2024, China's official gold reserve was 72.8 million ounces, unchanged from the previous month, and has suspended the shareholding of gold reserves for two consecutive months.
U.S. stocks closed with the expectation of interest rate cuts boosted by non-farm payrolls, with the S&P and Nasdaq hitting new highs! Tesla rose nearly 38% in eight days, while Nvidia cooled off.
In June, non-farm payroll employment in the USA fell sharply, with significant downward revisions to previous data, and the unexpected rise in unemployment rate highlighted a cooling labor market, leading the market to bet over 70% on rate cuts in September and December.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Following US Jobs Data.
Express News | Analyst: Non-farm data below expectations could push gold price to break through the 2400 level.
Will Non-farm Payrolls Become the Judge of Life and Death? The Gold and Silver Trends Have Reached a Critical Juncture!
Analysts expect that the upward trend is more likely for gold and silver, but they would prefer to see a significant pullback after the non-farm payroll report. Why?
Facing Non-Farm Payrolls: the first heavy data of trade in the second half of the year!
Why does the Non-Farm Payroll data tonight once again affect the nerves of global financial markets and traders?
Gold Pushes Higher as Investors Expect Fed Will Start to Ease
Gold headed for a back-to-back weekly gain on expectations that the Federal Reserve will trim interest rates before year-end, with traders looking ahead to US payrolls data for the next batch of clues on the outlook.
Bullish market consensus! Could non-farm night gold price break $2400?
If inflation and employment data both soften, it will trigger a bigger debate about whether the data is rebalancing or beginning to deteriorate.
Continued expectations for interest rate cuts are fueling multiple bullish factors for gold prices! How to earn "steady happiness" through etf?
Under the dovish remarks of Fed Chairman Powell and a series of bullish economic data, yesterday's gold futures price rose back to $2360, while analysts pointed out that the 'Trump trade' would drive global investors to turn to gold. And in Citigroup's view, next year's gold price is expected to break through the $3000 mark.
Wheaton Precious Metals Q2 Results Imminent
Wheaton Precious Metals to Release 2024 Second Quarter Results on August 7, 2024
VANCOUVER, BC, July 3, 2024 /PRNewswire/ - Wheaton Precious Metals Corp. will release its 2024 second quarter results on August 7, 2024, after market close. A conference call will be held on Thursda
Here's How Much You Would Have Made Owning Wheaton Precious Metals Stock In The Last 5 Years
Wheaton Precious Metals (NYSE:WPM) has outperformed the market over the past 5 years by 4.91% on an annualized basis producing an average annual return of 18.07%. Currently, Wheaton Precious Metals ha
Express News | Economists predict that the price of gold will break through the $2400 mark in the near future.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Shares of Precious Metals Stocks Are Trading Higher as Gold and Silver Rise Amid a Drop in the Dollar Following Key US Economic Data.
Express News | Labor market cools down, and it's a critical moment for gold traders.
Gold outlook for the second half of 2024! World Gold Council: closely focusing on the trends of 4 key catalysts...
According to the World Gold Council, gold will seek new power technology in the second half of 2024, with the decline of interest rates in developed markets as a key catalyst.
"Trump 2.0" fears are approaching! Will gold be a direct beneficiary?
Historical data has shown that if Trump returns to the White House, global investors may turn to gold...
From Bold to Boring
After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.
Powell's stance is dovish: Inflation has made significant progress and may return to 2% by the end of next year or the year after.
Powell said that inflation has made "significant progress", but he remains cautious about the timing of the first rate cut...
Before the storm, there is calm. Gold will usher in new power technology in the second half of the year!
Analysts predict that the global industrial cycle will deteriorate by the end of 2024 or the beginning of 2025, which will support long-term rise in gold prices.